Org.nr 897 047 292 2014 → 2015 Year-over-year analysis

ABC ART BUSINESS COLLECTION AS: årsregnskap 2015 vs 2014

Grew 326% on revenue

approved 2016-05-28; registry 2016-06-29; journal 2016 603359

Summary

What changed

Comparing Årsregnskap 2015 with 2014 for ABC ART BUSINESS COLLECTION AS. Revenue 528.9k NOK → 2.25m NOK (+325.9%). Equity 200.1k NOK → 400.9k NOK.

On the constructive side: revenue rose; equity strengthened; cash rose.

Also worth watching: cogs fell. All figures are taken from the published annual accounts for ABC ART BUSINESS COLLECTION AS.

At a glance

Revenue

528.9k NOK 2.25m NOK

+325.9%

Operating result

n/m +296.0k NOK

—

Equity

200.1k NOK 400.9k NOK

+100.4%

Cash

223 NOK 3 339 NOK

+1397.3%

Total assets

66.1k NOK 1.41m NOK

+2029.3%

↑
Revenue rose

Operating income / revenue moved from 528.9k NOK to 2.25m NOK (+325.9% YoY). Calculated
↑
Equity strengthened

Book equity 200.1k NOK → 400.9k NOK (equity ratio 302.6% → 28.5%). Calculated
↑
Cash rose

Bank deposits 223 NOK → 3 339 NOK (+1397.3% YoY). Calculated
↑
Current ratio back above 1×

Current ratio 0.13× → 2.89×. Calculated
↑
Payroll decreased

Salary cost 90.7k NOK → 59.1k NOK (17% → 3% of revenue). Calculated

·
COGS fell

COGS / varekostnad 941.5k NOK → 385.2k NOK (-59.1% YoY). Calculated